Bitcoin and ether ETFs finally broke their eight-week outflow streaks, drawing fresh capital as institutional demand began to recover.

Crypto ETF flows weakened on July 9, as bitcoin ETFs posted a $95.30 million outflow and ether ETFs snapped a five-day inflow streak.

The preceding eight weeks drained a combined $9.46 billion from the two groups, meaning this week’s rebound recovered only about 3% of those outflows.